Tenure: Leasehold
Set at the end of a quiet cul-de-sac within the heart of North Luffenham is this modern and well-presented semi-detached starter home offering a generous corner plot with oversized gardens and two allocated parking spaces. Offered for sale under Spire Homes Shared Ownership Scheme, the property offers well-proportioned accommodation including an open plan living room, spacious fitted kitchen, two double bedrooms, and a modern three-piece family bathroom.
As you approach the property from the front, the partly glazed front door leads into the main entrance hallway where stairs flow to the first floor and doors grant access to the kitchen and living room. The fully fitted kitchen is positioned to the front of the property and boasts integrated appliances including an inset gas hob, extractor hood, integrated oven with a brushed steel finish, inset stainless steel sink and drainer + mixer tap, space and plumbing for a washing machine, double glazed window to the front aspect, inset ceiling spotlights, and wood laminate flooring. Located to the rear of the property is the spacious living room that features double French doors to the rear garden and wood flooring. Completing the downstairs accommodation is the useful downstairs W.C. that offers a close coupled W.C. with half and full flush, a pedestal wash hand basin, and a double-glazed window to the side aspect. Upstairs the property offers two double bedrooms with bedroom one being positioned to the rear of the property and offering a view to the rear aspect. Located to the front of the property is bedroom one that boasts a view to the front aspect and exposed wood flooring. Completing the upstairs accommodation is the family bathroom that is majority tiled and offers a panel bath with screen & stainless steel fittings, close coupled W.C with half and full flush, a pedestal wash hand basin, inset ceiling spotlights and a double glazed window to the side aspect.
Externally the property offers two allocated off-road parking spaces and sits on a very generous corner plot with extensive lawned gardens, a private patio seating area that would be ideal for entertaining, and gated access to the front.
EPC rating: C. Council tax band: B, Tenure: Leasehold, Annual service charge: £514.2, Service charge description: Service charge £14.57
Buildings insurance £3.13
Management fee £25.15
Total monthly payment excluding rent £42.85
, Length of lease (remaining): 89 years 3 months, % Share being sold: 30, Additional liabilities or obligations: 99 year lease from from 29 June 2015.
£395.80 a month rent for the remaining 70% share,
Local Authority: Rutland County Council
Council Tax Band: B
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
A 99 year lease was granted in 2015. The seller currently owns a 30% share of the property and pays rent of £395.80 monthly on the remaining 70% share to Amplius. The Shared Ownership scheme does allow purchasers to buy an increased share in the property, subject to affordability and application approval. The property is also liable to pay a monthly charge which equates to £42.85 per month to cover the service charge, buildings insurance and management fee.